Mathematics, 23.05.2021 21:30 emma6892
The board members of a company think there is a 75% chance of high demand and a 25% chance of low demand for a new product. If the company sells online, research models suggest profits of $20 per unit if there is high demand and $15 per unit if there is low demand. If the company sells through stores, models suggest profits of $50 per unit if there is high demand and β$10 per unit if there is low demand. Is it better to sell online or through stores? Explain. PLEASE HELP ME I'm falling in math class!! β
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The board members of a company think there is a 75% chance of high demand and a 25% chance of low de...
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